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Central economic planning is often associated with failed state socialism, and modern capitalism celebrated as its antithesis. This book shows that central plan
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The relationship between natural capital and economic growth is an open debate in the field of economic development. Is an abundance of natural resources a bles
Labour-Intensive Industrialization in Global History
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The prevailing view of industrialization has focussed on technology, capital, entrepreneurship and the institutions that enabled them to be deployed. Labour was
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This book deals with two key aspects of the history of steam engines, a cornerstone of the Industrial Revolution, specifically the road that led to its discover
Central Banking in a Democracy
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The Federal Reserve System, which has been Congress’s agent for the control of money since 1913, has a mixed reputation. Its errors have been huge. It was the